Hungary - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 23, 2024

Hungary - Nucleic Acids And Their Salts - Market Analysis, Forecast, Size, Trends and Insights

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Nucleic Acid Price in Hungary - 2023

Contents:

  1. Nucleic Acid Price in Hungary (CIF) - 2022
  2. Nucleic Acid Price in Hungary (FOB) - 2022
  3. Nucleic Acid Imports in Hungary
  4. Nucleic Acid Exports in Hungary

Nucleic Acid Price in Hungary (CIF) - 2022

The average nucleic acid import price stood at $29,875 per ton in 2022, rising by 37% against the previous year. Over the period under review, the import price enjoyed pronounced growth. The growth pace was the most rapid in 2018 an increase of 73% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($276,208 per ton), while the price for Slovakia ($5,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Nucleic Acid Price in Hungary (FOB) - 2022

The average nucleic acid export price stood at $20,691 per ton in 2022, falling by -22.7% against the previous year. Overall, the export price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 32% against the previous year. The export price peaked at $31,939 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($98,930 per ton), while the average price for exports to Russia ($7,553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports in Hungary

In 2022, overseas purchases of nucleic acids and their salts decreased by -0.4% to 5.1K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nucleic acid imports skyrocketed to $151M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Nucleic Acid in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom44.265.739.764.313.3%
Belgium8.012.511.618.331.8%
India10.012.97.114.011.9%
Netherlands1.93.57.712.185.4%
Switzerland1.04.18.410.0115.4%
China7.516.916.08.85.5%
Germany2.12.74.05.336.2%
Slovakia0.60.41.91.018.6%
Others13.513.314.717.69.2%
Total89.013211115119.3%

Top Suppliers of Nucleic Acid to Hungary in 2022:

  1. United Kingdom (1570.9 tons)
  2. Germany (725.6 tons)
  3. Belgium (696.1 tons)
  4. Netherlands (664.4 tons)
  5. China (518.6 tons)
  6. Switzerland (407.4 tons)
  7. Slovakia (170.5 tons)
  8. India (50.8 tons)

Nucleic Acid Exports in Hungary

In 2022, the amount of nucleic acids and their salts exported from Hungary stood at 2.2K tons, therefore, remained relatively stable against 2021. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports attained the peak of 2.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, nucleic acid exports reduced rapidly to $45M in 2022. Overall, exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of 24%.

Export of Nucleic Acid in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.55.46.412.452.4%
BrazilN/A1.13.58.7181.2%
Netherlands3.02.93.85.018.6%
Germany21.522.815.54.8-39.3%
China2.22.52.64.224.1%
France8.77.36.13.9-23.5%
Poland0.60.71.21.432.6%
Estonia0.20.30.20.535.7%
Others6.914.818.74.5-13.3%
Total46.757.858.045.3-1.0%

Top Export Markets for Nucleic Acid from Hungary in 2022:

  1. Netherlands (548.3 tons)
  2. China (506.9 tons)
  3. Japan (416.8 tons)
  4. Brazil (322.1 tons)
  5. Poland (115.8 tons)
  6. France (54.4 tons)
  7. Germany (48.5 tons)
  8. Estonia (44.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nucleic acid market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20145290 - Compounds containing in the structure an unfused pyridine ring or a quinoline or isoquinoline ring-system, not further fused, lactames, other heterocyclic compounds with nitrogen hetero-atom(s) only (excluding compounds containing in the structure an unfused pyrazole ring, an unfused imidazole ring, a pyrimidine ring, a piperazine ring or an unfused triazine ring) N ucleic acids and other heterocyclic compounds - thiazole, b enzothiazole, other cycles

Country coverage:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Best Import Markets for Nucleic Acid
Dec 6, 2023
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Explore the top import markets for nucleic acid worldwide, including key statistics and import values. Discover the leading countries driving the demand for nucleic acid.

Which Country Imports the Most Nucleic Acids and Their Salts in the World?
May 28, 2018
Eye 1649

In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...

Which Country Exports the Most Nucleic Acids and Their Salts in the World?
May 28, 2018
Eye 1279

In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...

Best Import Markets for Nucleic Acid
Dec 6, 2023
Eye 211

Explore the top import markets for nucleic acid worldwide, including key statistics and import values. Discover the leading countries driving the demand for nucleic acid.

Which Country Imports the Most Nucleic Acids and Their Salts in the World?
May 28, 2018
Eye 1649

In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...

Which Country Exports the Most Nucleic Acids and Their Salts in the World?
May 28, 2018
Eye 1279

In 2016, the global imports of nucleic acid stood at X tons, waning by -X% against the previous year figure. In general, nucleic acid imports continue to indicate a mild descent. The growth pa...

Free Data: Nucleic Acids and Their Salts - Hungary